Labour prepares to scale back flagship £28bn green pledge. Keir Starmer and Rachel Reeves fear that Tory tax cuts strategy in budget will leave them no room for manoeuvre. Labour is preparing to significantly scale back its £28 billion green investment pledge amid concerns that the Conservatives are poised to pursue a “scorched earth” strategy and spend every penny available on tax cuts and other pre-election giveaways. Jeremy Hunt, the chancellor, is weighing up billions of pounds of cuts to … read more »

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